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The rise of agentic AI is transforming the fintech landscape, as highlighted at the World Economic Forum in Davos. A report from Citi emphasizes how this technology adapts and acts autonomously, catering to the needs of a new generation of AI-savvy customers. This shift is expected to revolutionize financial services, moving from traditional models to more dynamic, agent-driven approaches.
Key players like Salesforce and Bain Capital Ventures recognize the disruptive potential of agentic AI, likening it to the emergence of e-commerce. The market for AI agents is projected to grow significantly, with investments expected to surge as companies adapt to this new paradigm. The implications for financial institutions are profound, necessitating a reevaluation of existing business models to stay competitive.
• Agentic AI is set to revolutionize the financial services sector.
• The AI agents market is projected to grow from $5 billion to $50 billion by 2030.
Agentic AI refers to systems that can adapt and act autonomously, transforming service delivery.
A-Commerce describes a new era of commerce driven by AI agents acting on behalf of consumers.
Digital identity is crucial for agents to perform transactions autonomously and securely.
Citi's report on agentic AI highlights its potential impact on the financial services sector.
OpenAI's Operator exemplifies the capabilities of AI agents in automating online tasks.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
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